The IDB became a signatory to the Inter-national Aid Transparency Initiative (IATI) yesterday, at a ceremony hosted at the Fourth High Level Forum on Aid Effectiveness in Busan, Korea.
In a press release, the Inter-American Development Bank (IDB) said Executive Vice President Julie T Katzman and Richard Calvert, Director General for Finance and Corporate Performance of the Department for International Development of the United Kingdom, on behalf of the IATI, participated in the signing ceremony. The IATI is a voluntary, multi-stakeholder effort aimed at making information about aid spending easier to find, use and compare.
Katzman said the IDB is committed to providing its stakeholders with complete, timely, and easy to understand and use information regarding its activities and most importantly its results. Over the past two years, the IDB has increased its focus on results and made important strides in